San Jose has generally had better than average total returns still ( #4 nationally since 2000)?

.-10 minutes to great local restaurants-Boat ramp 3 miles away (w/Parking)-National Forest 15 minutes away-Cumberland Falls 45 min away-Wildcat off-road park with 2,000 acres of riding 3m.

There might be a handful of people in the nation that fix and flip successfully and thats it, no other business for more than 5 yrs.There are hundreds or more likely thousands of investors that buy, rehab and hold successfully and have a pot of gold in their portfolio that keeps growing.

First, I agree with a target of 15% to 20% annualized return for value add properties is a good minimum target for real estate.Two thoughts on the apartments:A lot of apartments have been purchased on pro forma for converting to condos where they assume a purchase of $100,000, add some for condo-ing and fix up, then sell for $150,000 or more.Or, If it's an institutional buyer with all cash, a stable 4% or 5% cap rate with possible increase may work to make sure they have some residential in their portfolio mix.If I missed your question let me know.

During those 200 years, these nations always progressed through the following sequence: * From bondage to spiritual faith; * From spiritual faith to great courage; * From courage to liberty; * From liberty to abundance; * From abundance to complacency; * From complacency to apathy; * From apathy to dependence; * From dependence back into bondage.

All in the name of higher profits.The United States is now a debtor nation that is running toward socialism, while China is a creditor nation that is moving economically toward capitalism.

OH look, another bad debt to acquire.Maybe I should have a sex change, a nationality change, and spit out a few rugrats.

Some will finance foreign nationals.

Look at Henry County Ga deed records, sesarching for Foreclosure transfers that are not financial institution buyers.

Welcome to BP Nation Brad, glad to have you.